Churchill Estates says ..

Property Oracle says ..

The property is a 2-bedroom flat located in Chingford, Waltham Forest, with a list price of £285,000. The flat has 637.22 sqft of living space and is situated on a plot of 0.00 sqft. The average house price in the area is £383,229, with an average price per sqft of £241. The property benefits from being close to several schools, including Parkside Primary School (Good Ofsted rating) and Lime Academy Larkswood (Good Ofsted rating), both within a kilometer. Public transportation links are also relatively close, with Highams Park (London Overground) being 2.35 KM away. Based on the images provided, the property appears to be in reasonable condition. Whilst some parts may benefit from modernisation, it does not appear to be in need of significant renovation. The kitchen and bathroom appear relatively modern. The property has a small balcony/patio area offering some outdoor space, although the plot size is listed as 0.00 sqft. Considering the average price per sqft in the area (£241) and the property’s size (637.22 sqft), a rough estimate of the property’s value would be around £153,768. However, the list price is significantly higher at £285,000. This suggests the property may be overpriced, especially when compared to similar properties in the area. Nearby flats on Churchill Terrace are listed at prices ranging from £162,000 to £300,000. The higher list price may be justified by the property’s relatively modern kitchen and bathroom, and its location near good schools and transport links. However, the lack of significant land and the overall condition of the property suggest that the current asking price is likely inflated.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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